OperatingRatio News & Analysis

Old Dominion (ODFL) Reports 70.1% Operating Ratio in Q2 2026

Old Dominion (ODFL) reported an operating ratio (OR) of 70.1% for Q2 2026, down from 74.6% in Q2 2025. For the first half of the year, the OR stands at 72.9%. Despite shipping fewer tons and reduced shipments, revenue per hundredweight excluding fuel increased by 5.5% to $29.71. The company's earnings per share were $1.68, beating Wall Street's expectation by 15 cents. Investors should note the ongoing strength despite market challenges in the LTL sector.